Commentary on HOA property values in Regulation article

"What Are Private Governments Worth?", Amanda Agan & Alexander Tabarrok, Regulation, Cato Institute, Vol. 28, No. 3, Fall 2005

This is a very insightful question to ask and to answer, raising important public policy issues and providing direction for policy makers. To paraphrase, "Do the property value benefits of HOAs measure up to the protection and support received by state governments?" What is the government's interest in promoting and encouraging these private governments?

For more see ... Values.
View the Regulation article at Cato

Special HOA Constitutions replace US Constitution

October 9, 2005, Los Angeles Times Real Estate section

LETTERS TO THE EDITOR

TAPES ARE ON THE UP AND UP


If a common interest development were a governmental entity there would be no problem with what can and cannot be done in a public meeting.

What's wrong with the one that's been around for over 200 years? The US Constitution. Why must there be special constitutions for these de facto private governments? Just because these CID governments are not recognized doesn't mean that they do not operate daily as the de facto governments over these territorial communities.

CIDs must be brought under the laws of the land that regulate governments and protect the rights of all citizens.

George K. Staropoli
Scottsdale, Ariz.